Brent crude prices settled down US$2.48, or 2.9%, to US$82.63 a barrel. US West Texas Intermediate crude futures dropped US$2.69, or 3.3%, to US$80.13.
HOUSTON: Oil prices settled over US$2 lower on Friday at their lowest level since mid-June as investors eyed a possible ceasefire in Gaza, while a strengthened dollar drove values down further.
Brent crude prices settled down US$2.48, or 2.9%, to US$82.63 a barrel. US West Texas Intermediate crude futures dropped US$2.69, or 3.3%, to US$80.13.
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